Google confused my exchange rate totally!

Discussion in 'Payments' started by lars, Apr 29, 2006.

  1. #1
    When I got my payment for last month it was only a 2 percent of what it was supposed to be! They had completely messed up the exchange rate to my local currency.
    Has this happened to anyone else?
     
    lars, Apr 29, 2006 IP
  2. INV

    INV Peon

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    #2
    Yeah, same thing happened. They send me an email saying they will correct this problem ASAP.
     
    INV, Apr 29, 2006 IP
  3. 7stars7stones

    7stars7stones Peon

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    #3
    Same happened to me. This is an email I've got from Google just yesterday:

    Hello,

    We wish to inform you that the exchange rate used for your
    April payment was incorrect. We're working hard to
    investigate this error and will update you once we have
    additional details on how we intend to resolve the issue.

    If you normally receive communication for us in a
    language other than English, we will provide additional
    information in your preferred language next week.

    We apologize for the inconvenience and appreciate your
    patience.

    Sincerely,

    The Google AdSense Team



    I realized the error, because my payment was quite smaller than it should be. Conversion rate they used for Canadian Dollar was 0.884 : 1, rather than usual 1.160 : 1.
    Anyhow, I wonder how did this happen.
    They didn't informed me on an intended resolution yet.

    Joe
     
    7stars7stones, Apr 29, 2006 IP
  4. tobycoke

    tobycoke Well-Known Member

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    #4
    2 percent? !!!! What country are you in? They reversed the exchange rate on Canadian accounts for a loss of approx 20% (got 80%).
     
    tobycoke, Apr 29, 2006 IP
  5. Nikke

    Nikke Peon

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    #5
    They reversed the currency rates, which is nice for currencies such as Euro, but horrible for people like me who receive our payments in SEK (Sweden), where the exchange rate was calculated on 1:0.133 instead of 7.40:1.
     
    Nikke, Apr 29, 2006 IP
  6. Ian Cunningham

    Ian Cunningham Well-Known Member

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    #6
    So does this mean someone from the UK will get almost twice as much!?
     
    Ian Cunningham, Apr 30, 2006 IP
  7. TheSyndicate

    TheSyndicate Prominent Member

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    #7
    They had me as well i do not know when they are going to fix it. I hope pretty soon :)
     
    TheSyndicate, Apr 30, 2006 IP
  8. lars

    lars Guest

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    #8
    I am in sweden and there is currently 7,6 Swedish crowns on each dollar. It look liked they had divided instead of multiply so I got $477 / 7,6 = 62 kr instad of $477 *7,6 = 3600 kr

    I allso got this letter. Do you think they will compensate us in any way for our sufferings? :rolleyes:
     
    lars, May 1, 2006 IP
  9. TheMags

    TheMags Peon

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    #9
    Same thing happened to me today, the money was entered on my bank account for March should have been approx. 2000 kr (338$) but I only got 56 kr (9$)!!! Didn't get any mail from google though! This is very bad :( I have of course written to google right away, hope they will get back very soon and send the money quickly.
     
    TheMags, May 2, 2006 IP